Asseto 🤝 NUVA We’re excited to partner with @NUVAFinance to connect its onchain-RWA vaults to partners and platforms across Asia-Pacific, with @flowmark_xyz joining as curator for the DeFi strategies built on top. NUVA is a chain-agnostic, curated marketplace for institutional real-world assets onchain, co-incubated by @animocabrands and @NUVALabs. NUVA vaults hold tokenized RWAs originated by leading institutions, including Nasdaq-listed @Figure (Nasdaq: FIGR). They span assets from YLDS, the first SEC-registered yield-bearing stablecoin, to US residential loans such as home equity lines of credit. Users deposit stablecoins and receive liquid, composable vault tokens that can be traded and used as collateral across DeFi, with proof of reserves onchain. NUVA’s flagship vault, HOME, is the first ever permissionless DeFi vault that directly holds a portfolio of US mortgage loans. It is managed by an SEC-registered investment adviser and features a monthly policy rate supported by a targeted 5% first-loss buffer. Through this partnership, we will connect NUVA with our Asia-Pacific partner network, including licensed intermediaries, exchanges and wallets, to support integrations of NUVA products. Selected products tokenized through Asseto will become available on the NUVA marketplace, subject to NUVA's listing review and applicable eligibility requirements, while Flowmark will curate yield strategies built on NUVA vault tokens and assess their onboarding as collateral in lending markets supplied by Flowmark-curated vaults. Together, we will also explore co-structured vaults built around Asian institutional assets. Asian assets onto global vault rails, and global vault tokens into the Asian ecosystem.

What does the portfolio behind NGI+ look like? Vincent Ng explained that the NGI strategy blends two approaches. Direct control investments offer active management and value creation, while secondary investments, buying into other institutional portfolios or seasoned assets, add diversification. The portfolio holds 26 direct investments and 48 secondary transactions, covering more than 500 underlying infrastructure assets. Around 45% to 47% sits in North America, 40% to 43% in Europe, and the rest in Asia and other markets, spanning data centers, energy transition, transport and social infrastructure. NGI currently stands at $2.4 billion.

Last-minute for the NGI+ x Pendle Reale Points campaign, with a 40x multiplier running until 23 October 🔥 Hold YT-NGI+ or provide liquidity to the NGI+ pool on Pendle to earn at the campaign rate. No sign-up, no threshold. Points start accruing as soon as your position opens. Check your points 👉

Around 25 years ago, Partners Group pioneered the semi-liquid evergreen fund, giving long-term private assets a potential path to liquidity. Three to five years ago, the team began researching tokenization, but the ecosystem still felt too early. Looking again this year, Vincent Ng said, they found far more mature stakeholders, and investors caught between high-risk venture and low-return products with little in between. Family office clients already holding crypto had also been asking to invest on-chain. NGI became Partners Group's first step, and Vincent was clear the firm intends to grow it gradually and sustainably.

Chasing 40x Reale Points: YT or LP? Both earn the same campaign multiplier. The difference is the kind of position you want 👇 🔸 YT: points are calculated on the underlying NGI+ exposure, so the same capital carries more points exposure. YT value trends toward zero as maturity approaches, making it a fit for users focused on points who are comfortable with higher volatility. 💧 LP: earn swap fees and a share of underlying yield while accruing points, with position value moving with pool prices. A fit for users planning to hold longer term. The campaign runs until 23 October. Open your position on Pendle 👉 Not sure which fits? Ask our team on Discord 👉

On October 9, our Partner Joyce Cui joined the panel “Financial Products Tokenization: Stocks, Bonds, T-Bills, MMFs” at @rwasummitglobal Singapore, alongside speakers from @libeara_, @coinbase, @DeribitOfficial and @LynxcapDeFi, with @Gate moderating. Joyce started with a practical question: once an asset is on-chain, what can its holders do with it? She noted that money market funds and T-bills may be the first to reach meaningful scale because they already have a use. CASH+, supported by Asseto’s technology platform, is accepted as collateral in @VenusProtocol’s Institutional Fixed Rate Vault. On compliance, she drew on Asseto’s work supporting two DL Holdings RWA projects that received a no-objection response from Hong Kong’s SFC. From an infrastructure perspective, the legal link between token and underlying interest, investor eligibility checks, and ongoing custody, valuation and disclosure all need to be designed in from the start. On liquidity, she pointed to distribution. Secondary markets are more likely to form when holders have pricing references, access channels and real use cases. NGI+ on @pendle_fi, where principal and yield trade separately, reflects that approach. Like CASH+, it makes an asset originating in traditional finance usable within DeFi, and closing that gap between TradFi and DeFi is the work Asseto’s infrastructure is built for. From CASH+ as collateral to NGI+ on Pendle, the question Asseto asks of each product is the same: can it be put to work once it is on-chain? Discussing it during @rwaweek with exchanges, asset managers and infrastructure providers in the same room gave that question a closer read on where the market is heading.

Asseto CEO and Co-founder Bridget and Vincent Ng, Managing Director and Head of Asia at Partners Group, joined @pendle_fi's first RWA Townhall alongside Pendle Co-founder and CEO @tn_pendle for a nearly 50-minute conversation on how NGI+ came on-chain and what RWAs can do in DeFi. NGI+ offers on-chain exposure linked to Partners Group's Next Generation Infrastructure strategy, supported by Asseto's technology platform. Why Partners Group chose this moment, what sits behind NGI+, and how Pendle puts RWAs to work on-chain: the full recap is here.👇

Asseto is joining forces with AlfaR, a licensed fund services provider, to build Asia's first Digital Transfer Agent (DTA) service. Fund share registers will be recorded and maintained directly on-chain, with the on-chain record serving as the official record of ownership. The service is jointly operated. Asseto provides the tokenization technology, on-chain infrastructure and distribution network. AlfaR, whose controls carry KPMG-audited ISAE 3402 Type II certification, provides investor onboarding, NAV calculation and transfer agency. Starting with fund products, the two connect onboarding, subscription, transfer and redemption in one workflow. For asset managers, that means one ledger to run instead of two to reconcile. For investors, the shares they hold on-chain are the shares on the register. The timing matters. On September 1, the SEC proposed allowing registered transfer agents to use a blockchain as the official securityholder master file. With AlfaR, we are putting that model into everyday fund operations. Read the full breakdown of how the DTA framework works on our blog:

TradFi has the assets: Partners Group’s Next Generation Infrastructure strategy, built on more than 500 underlying assets across North America, Europe and Asia. DeFi has the markets: on @pendle_fi, that strategy’s yield can now be split, fixed, traded and used as collateral. Connecting the two takes more than putting an asset onchain. The real question is whether it can be used once it is there, and if not, it is, in our CEO Bridget Li’s words, “a prettier PDF”. Making it usable takes structuring, operations and integrations, and that is the role Asseto plays. NGI+ shows it can be done. It is the first, not the last.

Tiger Research last week mapped how Korean RWA assets reach global investors via Hong Kong: a BVI special purpose vehicle buys and holds the underlying assets through the brokerage account of a Korean securities firm's Hong Kong entity, issues notes backed by them, and tokenizes those notes for stablecoin subscription. The point it makes is that investors hold a claim issued by the SPV, not the underlying asset itself, so the real test is not the first issuance but whether issuance, distribution, and redemption close into a payable loop. Which is to say the barrier in cross-border distribution was never tokenizing the asset, but keeping rights clear and the redemption loop paying out.

Glad to be part of XRP SEOUL 2026 alongside builders and institutions from across the XRPL ecosystem. Our partner, Joyce Cui, will represent Asseto on Oct 3 at the Grand Hyatt Seoul. Looking forward to the conversations.

The NGI+ x Pendle Reale Points campaign is live, with a 40x multiplier running until 23 October 🔥 Hold YT-NGI+ or provide liquidity to the NGI+ pool on Pendle to earn at the campaign rate. No sign-up, no threshold. Points start accruing as soon as your position opens. The earlier you join, the longer you accrue. Open your NGI+ position on Pendle today 👉

Our Co-Founder & CEO, Bridget Li, will speak at the Digital Assets and Web3 Forum at #HKFTWxSMUHK# 2026 on how tokenized RWAs move from issuance to real distribution and liquidity. 🗓️ 2 to 6 Nov 📍 Hong Kong. 🔗 👉 Code HKFTWXSMUSPEAKER10 for 10% off

NGI+ × Pendle Special Campaign | 40x, first month only Through 23 October, buying and holding NGI+'s YT on @pendle_fi earns Reale Points at 40x, up from the 30x standard; providing LP in the NGI+ market also earns 40x. It reverts to 30x once the window closes and does not reopen. No threshold, holding a qualifying position counts automatically. Points settle daily and can be checked on the Reale Points page. Full rules below 👇

NGI+ is now live on @pendle_fi. Private infrastructure has long been a cornerstone of institutional portfolios, yet individuals have rarely had a flexible way in. NGI+ brings exposure to this asset class on-chain, and once integrated with Pendle, a single position can be split by objective: PT to lock in a fixed return to maturity, LP to provide liquidity and earn market-making returns plus points, and YT to take part in pre-maturity yield. This step-by-step guide covers how the three differ and when to use each, along with the full process from preparing a wallet to buying, entering the pool, and exiting, with screenshots at every step. The example pool is on Ethereum and matures 10 December 2026. In its first month on Pendle, NGI+ has a 40x Reale Points multiplier (activity runs through 23 October; full rules to follow). Full guide below.👇